Key insights from the week that was. Our latest Westpac-MI Consumer Sentiment Survey proves the tense backdrop of elevated inflation, restrictive interest rates and heightened economic and political uncertainty is weighing heavily on the consumer mood. The headline index fell 2.9% to 80.6 in May, leaving sentiment stuck near pandemic-era lows. Cost-of-living pressures are the […]
The post Cliff Notes: Stuck in the Moment appeared first on ActionForex.
WTI Light Crude Oil (CL) maintains a bearish sequence that began from the May 19, 2026 high. The decline from that peak produced wave 1 at $86.35, followed by a corrective rally in wave 2. Read more…
Financial markets staged a powerful relief rally after US President Donald Trump abruptly called off planned military strikes against Iran and declared that diplomatic discussions had reached the “highest level of Iranian leadership.” Trump later Read more…
Key Highlights USD/JPY corrected some gains but found support at 159.55. It traded below a bullish trend line with support at 160.20 on the 4-hour chart. Bitcoin could start a recovery wave if it clears Read more…